64 Greenwich Way #64MilfordCT06460
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Milford at 64 Greenwich Way #64, Milford, CT, 06460 earns $396/mo cash flow from $2,774/mo rent with a $1,713/mo payment. Total monthly income totals $2,774/mo, and annual cash flow totals $4,754/yr on $115,992 capital. ROI tracks 24.01% on current figures, and rental yield reads 9.51% at a $349,900 purchase. Equity gained on principal adds $2,258/yr, and 5% annual appreciation supports $96,671 over five years. Five-year ROI reaches 125.65% and total cumulative return in cash sums $145,746. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,774/mo property income instead of your personal income.
Condo
Built in 1968
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06460, Milford, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,754 (100%) |
| Owner Occupied HU | 11,878 (66.9%) |
| Renter Occupied HU | 4,817 (27.1%) |
| Vacant Housing Units | 1,059 ( 6.0%) |
| Median Home Value | $442,741 |
| Average Home Value | $513,461 |
Housing Distribution
Address Breakdown
Residential
17,615
Single Family
16,625
Multi-Family
990
Businesses
2,440
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Listed by: Michael Barbaro • Huntsman,Meade & Partners Comp
Mls Name: Smart MLS
Mls ID: #24138712